Housing Wire

DECEMBER 28, 2020

“The comments we receive will inform how we will modernize appraisals to improve both loan quality and the origination process.”. At the onset of the pandemic in March, the FHFA began easing standards on property appraisals that allowed drive-by and desktop valuations in certain circumstances.

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Appraisal Buzz

APRIL 19, 2022

Appraisal management companies (AMC’s) and appraisers can receive ANSI-compliant 2D floor plans with GLA calculations and a complete 3D tour of the interior and exterior, including street view shots, within 24 hours. To learn more about Asteroom and its national desktop appraisal data collection service offering, click here.

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Housing Wire

APRIL 14, 2023

Minorities in real estate We need more people of color in the real estate industry who can shape where we live, work, socialize, shop and worship. Currently, 75% of real estate agents and 97% of property appraisers in the U.S.

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Housing Wire

APRIL 8, 2021

Consider an appraisal gap: Adding an appraisal gap to your offer tells the seller that even if the property appraises for less than the purchase price in the contract, you are committing a preset dollar amount to making up the shortfall. There is a chance they could offer an appraisal gap and never have to use it.

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Cleveland Appraisal Blog

DECEMBER 31, 2021

While most people choose to sell their home through a real estate agent, others feel more comfortable managing this type of situation themselves. Start by having your property appraised to get a rough idea of what you can sell it for, then compare other listings in your area. Please hang in there and be safe!

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D Fritz Appraisals

JANUARY 8, 2022

The Rise of Drones in the Canadian Real Estate Industry. Using drones for real estate photography is a topic that drew a lot of chatter in the early 2010’s as a hotly debated topic among real estate agents. Drones for Real Estate Photography and Property Appraisals: Things to Keep in Mind.

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D Fritz Appraisals

MARCH 4, 2024

From here, move on to repairs, like replacing rotting deck boards and loose railings, fixing anything that could raise red flags with real estate agents & prospective buyers. Fritz Appraisals Inc. today for a professional and tailored appraisal report to meet your lending, selling, and appraising needs.

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D Fritz Appraisals

OCTOBER 22, 2019

Looking for a Home Appraisal Company in Victoria, BC? In any of these situations, a property appraisal company can help, and it will be up to you to hire the right company for the job. So, when it’s up to you, how do you know what property appraisal company to hire? Up Next: Home Inspections vs. Home Appraisals.

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D Fritz Appraisals

SEPTEMBER 19, 2019

While there are free online tools available to homeowners, the Realtors Property Resource is only available to real estate agents. The most basic ones are featured front row centre on real estate agent and mortgage broker websites. They start by simply asking you “What is your home worth?”

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McKissock

MARCH 18, 2022

Recently a lender’s commercial department needed a portfolio of residential properties appraised, so they sent me 14 appraisal orders that I would never have seen if I’d been a Residential Appraiser.”. Resources and helpful info to upgrade your appraisal license.

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McKissock

JANUARY 4, 2022

However, these are the general guidelines you’ll need to follow to meet the Appraisal Qualifications Board (AQB) criteria. Real estate appraiser qualification criteria. Hours required include specific curriculum courses and hours — please see the Real Property Appraiser Qualification Criteria for details.

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Realtor

AUGUST 7, 2019

Furthermore, a lender isn’t likely to even accept your appraisal for its purposes; the lender will want to choose the appraiser to ensure it’s a truly unbiased third party assessing the property. Meanwhile, the appraisal has more to do with “bones” and any significant historical changes made to the property, according to Upton.

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East Coast Appraisal

OCTOBER 19, 2021

If you are buying a home, your mortgage company orders the appraisal and you receive a copy of the URAR with your closing paperwork, if not sooner. If you are selling a property, you do not receive a copy of the appraisal. Real estate agents and appraisers often say they are going to run the comps.

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McKissock

NOVEMBER 30, 2021

As a property appraiser, an important part of your job is keeping up with the latest industry updates and the state of the real estate market. What are some good go-to news sources for appraisers? The full list of write-in responses includes the following: Other appraisers! YouTube videos by appraisers.

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Realtor

AUGUST 7, 2019

Furthermore, a lender isn’t likely to even accept your appraisal for its purposes; the lender will want to choose the appraiser to ensure it’s a truly unbiased third party assessing the property. Meanwhile, the appraisal has more to do with “bones” and any significant historical changes made to the property, according to Upton.

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McCarthy Appraisal Blog

OCTOBER 4, 2018

Homeowner Valuation Appraisals. Whether you choose to sell your home on your own or use the assistance of a real estate agent, a professional appraisal from McCarthy Appraisal Services can help you make a better educated decision when determining your selling price. Today’s market can be challenging.

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The Robert Weiler Company

OCTOBER 21, 2022

So, take a deep breath, read on, and be prepared to gain a deeper insight into this important topic of commercial real estate valuation. We believe that you’ll feel better informed, more confident, and maybe even a little enthusiastic when it is time to schedule a free consultation with a commercial property appraiser.

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AmeriMac

JANUARY 19, 2021

Keep in mind there’s always the possibility that your appraiser made an honest mistake when writing your report. Here what you should do is sit down with your real estate agent and review the homes your appraiser deemed similar. Can You Hire Another Appraiser? How do You Review it? A new furnace.

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Birmingham Appraisal

FEBRUARY 8, 2023

3 Types of Appraisals I believe real estate agents are advocates for their buyers so today I would like to share three types of appraisals that you should be aware of and how they compare to a traditional appraisal by a licensed or certified appraiser.

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Housing Wire

OCTOBER 10, 2023

A Comparative Market Analysis (CMA) is a detailed report that helps real estate agents evaluate and determine the market value of a property. It is an essential tool that allows agents to clearly communicate a pricing benchmark for a property. CMA reports are simple and effective tools.

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Clear Capital

MARCH 30, 2022

Clear Capital’s ‘Desktop Data Collection’ Desktop Data Collection will empower mortgage lenders to broadly adopt desktop appraisals with the certainty that an appraiser will be provided the necessary property information to complete a desktop appraisal. Continued Innovation.

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Lamacchia Realty

DECEMBER 21, 2021

If you purchased a house in 2021 or already owned a piece of property but decided to make it your permanent residence, and you didn’t apply for homestead exemptions, you can do it in 2022. Also, you don’t need to wait until 2022 to file for an exemption with the property appraiser’s office.

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McCarthy Appraisal Blog

SEPTEMBER 4, 2018

Ask an appraiser about their education and licensing. Federal law mandates state certification for most appraisers. The two basic licenses are Certified Residential Real Property Appraiser and Certified General Real Property Appraiser. Evaluate the appraiser’s experience.

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Chicagoland Appraisal Blog

JULY 13, 2017

I don’t quite understand how a perceived shortage of appraisers is contributing to the main problem which is “the appraisers aren’t keeping up with rising prices”. Mr. Gregory and all real estate agents that have had similar experiences have a legitimate problem that they must deal with.

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Appraisal Today

SEPTEMBER 22, 2023

They included appraisers, real estate agents, and someone with a week, a month, or online video training. For example, I’m appraising a Victorian built before 1910. Using MLS photos is a joke, as real estate agents don’t take photos of defects. I see very different levels of inspectors.

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D Fritz Appraisals

MARCH 7, 2019

This information will help you impress the appraiser as well as prospective buyers. Consult pros along the way – Ask your real estate agent, your contractor, or even the owner of the paint store for advice along the way. It’s often free!

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Quicken Loans

JUNE 10, 2021

Maybe you’ve tried contacting a real estate agent, who probably told you to call back after you’ve been “preapproved.” As you may have already experienced, without a preapproval , real estate agents aren’t going to give you too much of their valuable time (especially in a seller’s market). Make An Offer.

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Appraisal Buzz

JUNE 20, 2022

Real property appraisers have had quite a bit dumped on them in the past couple of years. The uncertainty, turmoil, and government interest in oversight and intervention caused by allegations of racial and ethnic bias in real property appraisal is cause for concern.

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McKissock

JULY 24, 2020

Each state has its own set of administrative procedures used to handle disciplinary complaints against licensees of various professions, such as appraisers, real estate agents and broker s, doctors, nurses, accountants, etc. Bradley, SRA, CDEI is the Director of Online Appraisal Curriculum for McKissock Learning.

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Appraisal Today

DECEMBER 2, 2022

Excerpts: The AQB previously considered the option of allowing parallel professional non-appraisal experience. My comments: Real estate agents and brokers are salespersons. I speak with a lot of Realtors and many are not oriented the same as appraisers. To read the letter (PDF), click here.

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McKissock

AUGUST 11, 2020

Changing the appraised value simply for the purpose of meeting the contract sales price is not a good reason. Such an act might appear to make everybody happy, e.g., the lender/client gets to make a loan, the real estate agent gets a commission, the buyers get the house, etc. And it’s not going to be good.

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The Robert Weiler Company

JANUARY 7, 2021

It is always a good idea to request proposals for a lease and review them with a lawyer or your commercial real estate agent; otherwise, make sure it’s a professional who understands all of the fine print. When it comes to commercial real estate, the little things can add up fast.

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Appraisal Today

MARCH 15, 2024

Defining rural properties – USDA and GSEs Challenges of appraising rural properties Appraising rural properties presents unique challenges due to their diverse characteristics and market dynamics. When I read it I found out what it was really about – value and transaction fees.

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Appraisal Today

AUGUST 18, 2023

The media coverage focuses on real estate agents having difficulty showing homes, etc. But appraisers need other information. The videos above were the only appraiser sources I could find. In my small city, a local broker compiled a weekly list of sales and listings. I wrote this up yesterday.

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PennyMac

JUNE 28, 2022

Property Appraisal Fee. Before you can close, you’ll need to get an official appraisal report for your property. A third-party will determine the fair market value of your property, and that will determine what lenders can give you for your loan. Real Estate Commissions. Usually this fee is about 0.25–0.50%

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Appraisal Today

APRIL 14, 2023

5 Resources to Help You Avoid Appraisal Errors and Violations As busy real estate appraiser, both your time and your professional reputation are extremely valuable. The launch of “Value Acceptance + Property Data” means someone with handheld technology is going to stroll through your house and around the property.

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Listing Spark

JANUARY 15, 2024

There’s no lengthy approval process, which can be even more stringent for real estate investors with multiple properties or who are working through commercial lenders. You don’t need a property appraisal, which can sink a deal or lengthen the closing process. Most consumers face the same barrier.

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